Mining equipment and engineering company Sandvik has broken ground on an $85-million maintenance, repair and overhaul facility in Sudbury.
The building, for which groundwork is already underway at 2555 Maley Dr., will serve as a regional manufacturing hub to support mining industry equipment rebuilds, component repairs, field operations and servicing for battery-electric vehicles.
Provincial officials were on hand for a groundbreaking ceremony Dec. 5, at which Economic Development, Job Creation and Trade Minister Victor Fedeli announced $4 million in provincial funding.
Although this provincial expenditure represents only 4.7 per cent of the project’s overall budget, Fedeli described the incentive, through the Invest Ontario Fund, as “a significant mover.”
Headquartered in Sweden, he noted that Sandvik had the pick of the litter in choosing a location.
